NewStats: 3,264,407 , 8,183,635 topics. Date: Tuesday, 10 June 2025 at 10:55 PM 4i23256z3e3g |
Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (1509730 Views)
theenchanter: 7:23am On May 25 |
vaxx:Alright. |
Just30: 10:16pm On May 25 |
Ghana has the highest number of electric vehicles on it roads compare to any other African country.
1 Like |
Just30: 10:28am On May 26 |
MTN Ghana total asset value is s 4 billion dollars.
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GeneralDae: 10:52am On May 26 |
Just30:Nice. 2 Likes |
Just30: 7:16pm On May 26 |
GeneralDae:I should have put money on the Ghana stock exchange to earn 30% over the last few months especially when some stocks went as high as 150% |
forgiveness: 7:19pm On May 28 |
Just30: Did you count the ones in other African countries? |
rvp2018: 4:03am On May 29 |
Kenya could overtake Nigeria in 3-4yrs unless they fixed their mess.
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rvp2018: 4:04am On May 29 |
Ethiopia leads with 70,000 EV last I checked. Just30: |
vaxx: 7:56am On May 29 |
rvp2018:you should be more worried that three West Africa state are clearly represented. Anyway Ghana GDP is currently just below 140 billion dollars according to Bank of GH 1 Like |
Just30: 8:11am On May 29 |
forgiveness:there's a report on it with stats from the leading African countries |
Just30: 8:12am On May 29 |
rvp2018:dream on .... Ethiopia has only 5,000 or so |
rvp2018: 8:13am On May 29 |
Ghana Cedis is over-valued. You'll cry like Nigeria did denying the obvious. Until the reality hit you. for donkeys years I told Nigeria their GDP was 180-220 - 200B. And they cried here - hated me. vaxx:
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rvp2018: 8:14am On May 29 |
Usual Ghana mad cow roaming the nairaland streets. Ethiopia should be well onto 200,000 now, They even banned petrol cars. https://edition.cnn.com/2024/08/17/climate/ethiopia-evs-gas-car-ban-climate/index.html That CNN article. Just30: |
Just30: 8:25am On May 29 |
rvp2018:it does not pay to be an empty head https://www.the-star.co.ke/counties/eastern/2024-04-20-the-african-countries-with-the-highest-number-of-evs The Ethiopian vehicle registration authority says they've ed only 5,000 vehicles but you're running with an estimate based on a dream |
Just30: 8:28am On May 29 |
rvp2018:wait till we bring the Cedi dollar rate back to 3.5 as the government is targeting to bring Ghana's debt completely under control. All of this could happen by July 😂 15 billion dollars has been shaved off Ghana's debt You'll cry more 2 Likes |
vaxx: 9:27am On May 29 |
rvp2018:Ghana is currently under the imf program. meaning it is subjected to imf policy and guidance. And you think cedis is overvalued? Where is your bra.in? |
forgiveness: 9:45am On May 29 |
Just30: Drop the report. We don't want the fabricated from Ghana media. |
Just30: 10:01am On May 29 |
forgiveness:i already did Ghana media only report what is obtainable from Ghana vehicle registration authority and Ghana energy commission which certify every single one of those cars https://africa.businessinsider.com/local/markets/top-10-african-countries-leading-electric-vehicle-adoption/5zgq8ej |
rvp2018: 1:05pm On May 29 |
You leave CNN article to quote a Kenya rag ![]() Ethiopia has banned the import of petrol private cars. Ethiopia has taken early lead in EV https://www.youtube.com/watch?v=0AAt0Tn49wU Just30: |
rvp2018: 1:26pm On May 29 |
Its jumped 42% or more this year - so let see how it plays out. Aside from GOLD prices that are 30% high - nothing else justify such huge appreciation vaxx: |
GeneralDae: 1:31pm On May 29 |
rvp2018:They have paused most external debt servicing since 2024. That’s another crucial factor. Nigeria on the contrary spent 2 Billion dollars on debt servicing in the first four months of this year coupled with tanked oil prices. 2 Likes |
Just30: 1:36pm On May 29 |
rvp2018:A huge trade surplus driven by export and 7 billion dollars remittance and discipline spending justify it. We've ran a trade surplus for so long and nothing justified the depreciation of the Cedi, this is just a reset 43% 1 Like |
Just30: 1:36pm On May 29 |
rvp2018:cnn is just quoting from the same erroneous assumptions that you're quoting from. |
Just30: 1:38pm On May 29 |
GeneralDae:The happiest people right now are Bond holders of Ghana |
vaxx: 2:07pm On May 29 |
GeneralDae:so when Argentina paused her payment to her external creditors, did peso suddenly went up at 42 percent against the dollar? Infact Argentina case was a brutal mistake , they try pegging their dollar with the peso and it end up in a disaster . Pausing debt payment does not improved economy fundamentals, sound economy does. Zambia is a case study. |
vaxx: 2:10pm On May 29 |
rvp2018:Mr Man, the gold itself is enough reason coupled with imf policy and guidance . Also the restrictive Monetary Policy implemented by the govt. For example, the bank of GH raised its policy rate—hiking by 500 basis points since December—to a 30% benchmark, ensuring excess liquidity are curbed and ensuring foreign capital inflows into short-term T-bills and forex auctions. |
GeneralDae: 2:37pm On May 29 |
vaxx:Pausing debt payments plus record highs in gold prices does improve economic fundamentals. Also, the new Government is yet to start spending aggressively in order to meet up with the IMF goals which were missed by the previous Government late last year. It’s all four factors combined: Record gold prices Record cocoa prices Slow Government spending comparatively Paused external debt servicing However, as long as inflation stays above 15% and your interest rate is high, the cedis would weaken again later in the year when the Government starts spending more. |
Just30: 3:02pm On May 29 |
GeneralDae:inflation will drop to single digits before end of year as prices drop. Cocoa does not play a role. Debt servicing will not make a dent because of how the debt is spread. Government is actually spending but not in a wasteful manner |
vaxx: 9:53am On May 31 |
GeneralDae:very absurd. Gold is adding up yes ,but stating that pausing payment also contributed to a stronger cedis is flawed . I have given you Zambia , Argentina case as an example. Your currency cannot skyrocket to 42 percent high against the dollar if your reserved is not strong ( that is just more than enough than what payment pospontment can caused ) Ghana is busy expanding is Gold reserve ( Ghana currently owns the largest gold reserve in West Africa )coupled with increased imf , the last trenched of the money borrowed will soon hit Ghana bank in the coming month, it will add up to the strength of the cedis again. Do you even know dollars falls in Ghana everyday ( two weeks consequtively now . Anyway Ghana govt is spending , infact the spending might be more bigger the last regime , it is just that it is a prudent initiative. Ghana is currently about building a new capital city . Accra has being reported congested and therefore Ghana need a new phase |